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DGAP-News: JOST Werke AG: JOST once again increases sales and achieves record earnings in fiscal year 2018

DGAP-News: JOST Werke AG / Key word(s): Annual Results/Preliminary Results


JOST Werke AG: JOST once again increases sales and achieves record earnings in fiscal year 2018


28.02.2019 / 08:00



The issuer is solely responsible for the content of this announcement.


Preliminary and unaudited results for fiscal year 2018

 

JOST once again increases sales and achieves record earnings in fiscal year 2018

- Organic sales grow by 10% in 2018, and reported sales by 8% to EUR 755.4 million

- Adjusted EBIT rises by 6% to EUR 81.2 million

- Consolidated net profit increases to EUR 53.5 million (2017: EUR -62.8 million)

- Net debt reduced to EUR 85.2 million (2017: EUR 113.3 million)

- Earnings per share rise to EUR 3.59 (2017 pro forma: EUR -4.22)

 

Neu-Isenburg, February 28, 2019. JOST Werke AG ("JOST"), a leading global producer and supplier of safety-critical systems to the truck and trailer industry, today announced that it has successfully continued on its growth trajectory in the 2018 fiscal year, once again generating record sales and earnings and meeting all of its financial targets.

 
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